** This article was first published in the Southern African Venture Capital and Private Equity Association (SAVCA) annual journal. **Jaco Maritz takes a closer look at private equity investment in South Africa’s power sector and highlights emerging prospects within the industry. While many focus on the fact that the load shedding crisis is reducing growth in the economy, private equity fund managers are increasingly seizing opportunities to invest in the electricity sector. In addition to investing in companies owning power generation projects, private equity firms have also backed ancillary businesses. Although wheeling customers are not immune to load shedding, they can secure cost savings, as the price of renewable energy is typically lower than Eskom’s rates.

Source: The North Africa Journal May 18, 2023 15:02 UTC